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49 Metals Raises $10m to Drill 8,000m at Nevada’s Gold Mountain Project
8:54am on Tuesday 14th of April, 2026 AEST
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Mining
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49 Metals Raises $10m to Drill 8,000m at Nevada’s Gold Mountain Project
8:54am on Tuesday 14th of April, 2026 AEST
Key Points
IPO funds $10m exploration in Tier 1 Nevada gold district
8,000m drilling underway at Gold Mountain with multiple targets
Historic foreign resource estimate up to ~462,000oz gold equivalent
Gold Mountain’s geology shows high-grade sulphide potential
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49 Metals (ASX:49M)
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